Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

PRD Energy Inc PREGF

Financial Services
PRD Energy Inc is a development stage company. It is seeking farm-in arrangements with oil & gas operators and several exploration & production licenses.


EXPM:PREGF - Post by User

PRD Energy Inc
Bullboard Posts
User Avatar Image
(18)
•••
Comment by kisstopherpon Aug 26, 2015 11:03am
254 Views
Post# 24052389

RE:News

RE:News

red wrote: What am I missing here......I guess with cash in bank and assists it's worth more than listing ? Buy in now and double your money?

 

What your missing is:

a) They have ceased operations
b) O&G is in horrible shape right now
c) This was supposed to be an O&G company with HUGE potential not a shell company (which is what it has become)
d) They will burn through the cash paying themselves. 
e) The company is effectively dead. 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities